Coin World Report:
DeFi Data
1. Total market value of DeFi tokens: $81.492 billion
DeFi total market value, data source: coingecko
2. Trading volume of decentralized exchanges in the past 24 hours: $3.977 billion
Trading volume of decentralized exchanges in the past 24 hours, data source: coingecko
3. Locked assets in DeFi: $86.681 billion
Top ten rankings of locked assets in DeFi projects and their amounts, data source: defillama
NFT Data
1. Total market value of NFTs: $30.551 billion
Total market value of NFTs and top ten projects by market value, data source: Coinmarketcap
2. NFT trading volume in the past 24 hours: $2.3 billion
Total market value of NFTs and top ten projects by market value, data source: Coinmarketcap
3. Top NFT sales in the past 24 hours
Top ten NFTs with the highest sales growth in the past 24 hours, data source: NFTGO
Headlines
Tether is developing decentralized artificial intelligence models
Reported that Tether CEO Paolo Ardoino revealed the prevention methods for OpenAI hacker attacks. Tether, the issuer of the USDT stablecoin, is developing a decentralized artificial intelligence (AI) model as part of its foray into this field.
NFT Hotspots
1. NFT market sales in June decreased by 26.2% to $46 million
On July 8th, Binance Research’s latest report showed that the cryptocurrency market fell by 11.4% in June 2024. Due to the market decline, DeFi TVL decreased by 8.7% in June. The total sales of the NFT market in June were $46 million, a decrease of 26.2% compared to May. The monthly sales of Mythos game’s in-game item trading platform DMarket was the highest at $18.9 million, followed by CryptoPunks with sales of $16.1 million. The sales of the Ordinal series, such as Bitcoin Puppets and Node Monkes, dropped significantly, by 40.6% and 41.0% respectively. The monthly sales of Bored Ape Yacht Club slightly decreased, while Pudgy Penguins performed better than the market with a 68.9% increase.
DeFi Hotspots
1. STRK breaks $0.6
Reported that the market shows that STRK has broken $0.6 and is now trading at $0.61, with a daily increase of 8.93%. The market fluctuation is significant, so please exercise caution in risk control.
2. Polkadot ecosystem launches new Ledger application
Reported that the Polkadot ecosystem has launched a new Polkadot Ledger application, which was proposed, supported, and funded by the Polkadot community. The new Polkadot Ledger application will allow users to interact with Polkadot and all its parachains in one application. It was launched on July 1, 2024, and is available on Ledger Live on all Ledger devices. At the time of launch, Polkadot, Kusama, and all system chains have been fully integrated, with parachain integration to be gradually implemented.
3. Bitlayer Mining Festival activity lands on OKX Web3 Cryptopedia, attracting 47,500 participants
On July 8th, it was announced that the Bitlayer native Layer 2 network and OKX Web3 jointly launched the second phase of the Bitlayer Mining Festival activity on OKX Web3 Cryptopedia, which has been online for nearly a week. Data shows that the activity has attracted 47,500 participants, and it will continue until 18:00 (UTC+8) on July 31st.
The current Bitlayer Mining Festival activity has a total of six star ecological projects participating, including GamerBoom, Macaron, Anome, Vanilla Finance, Avalon Finance, and Zearn. In addition to providing $1.2 million worth of Bitlayer tokens (BTR) rewards for participating users, participants will also receive rich rewards such as NFTs and tokens provided by the participating projects.
Currently, users can log in to the OKX Web3 Cryptopedia activity-exclusive page to complete interactive tasks related to Bitlayer and ecological projects. By completing any task and verification, they will have the opportunity to share $1.2 million worth of BTR tokens and receive rewards from the participating projects.
4. HashKey Chain mainnet to launch in the fourth quarter
Reported that according to official sources, the HashKey Chain mainnet will be launched in the fourth quarter.
5. DeFi derivative protocol Cega integrates Ethena’s USDe
On July 8th, it was announced that the DeFi derivative protocol Cega has introduced Ethena’s USDe and sUSDe vaults to expand its product line. All of Cega’s products can be used on the Ethereum and Arbitrum networks, and some products can also be used on Solana.
6. Solana client Firedancer plans to launch $1 million bug bounty program on July 10th
Reported that the blockchain built by Jump Crypto is about to launch its first bug bounty program. The six-week bug bounty program called Firedancer v0.1 (“Frankendancer”) will start on July 10th. The program was announced by the anonymous developer Cantelope Peel and supported by Immunefi, with a scale of $1 million.
Disclaimer: As a blockchain information platform, the content of the articles published is for reference only and should not be considered as actual investment advice. Please establish the correct investment concept and increase risk awareness.
